📉 1. Short-Term Price Pressure & Liquidations
Price Drop: ZEC's current price has dropped 15–17% from its recent peak ($1,600) and is now trading around $1,320 – $1,330.
Leverage Flush: Due to a market-wide sell-off, $23.87 million worth of positions in ZEC were liquidated suddenly, leading to temporary selling pressure.
Price Drop: ZEC's current price has dropped 15–17% from its recent peak ($1,600) and is now trading around $1,320 – $1,330.
Leverage Flush: Due to a market-wide sell-off, $23.87 million worth of positions in ZEC were liquidated suddenly, leading to temporary selling pressure.